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Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
6.6.2023
On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move
DCG asks judge to consolidate class-action suits to avoid conflicting decisions
2.6.2023
Digital Currency Group CEO Barry Silbert argued in a letter to Judge Stefan Underhill that both cases share the same facts, legal issues and near-identical class definitions
Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat
1.6.2023
A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest....
How to avoid impulse buying and save money instead
31.5.2023
Take control of your finances and achieve your financial goals by avoiding impulse buying using budgeting apps
BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’
31.5.2023
The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s president stressed, adding: “In the future, it...
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
29.5.2023
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners
Board Game Exec Says 'Females Are Socialized' To Avoid 'Harsh Criticism Of Their Abilities'
25.5.2023
Earlier this week Wingspan designer Elizabeth Hargrave wrote a Twitter thread outlining a glaring issue the board game industry has with representation: namely, that there simply aren’t enough games winning awards and getting published that have been designed by women.Read more
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Circle reportedly adjusts USDC reserves to avoid US default risk
11.5.2023
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults
Nintendo Renamed This Super Mario Bros. Movie Character, Possibly To Avoid Racism
20.4.2023
The official Nintendo account just tweeted that, in Japan, the foreman character in the NES game Wrecking Crew will be renamed from “Blackie” to “Spike” in games and The Super Mario Bros. movie. This change was already made in the U.S. and EU versions of the original game, likely because Spike’s...
What is a crypto dusting attack, and how do you avoid it?
11.4.2023
Dusting is a crypto attack that can be used for different purposes. Here’s how it works and what you can do to protect your funds
French President Emmanuel Macron States Europe Must Reduce Its Dependence on the US Dollar to Avoid Becoming ‘Vassals’
10.4.2023
Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce...
Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks
28.3.2023
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank...
What are gift card scams, and how to avoid them?
24.3.2023
Learn how to protect your finances and avoid gift card scams, including those in the world of cryptocurrency
Yellen defends government intervention to avoid another SVB
21.3.2023
The Treasury Secretary of the U.S. Janet Yellen said the federal government will intervene if it is necessary to protect other small lenders
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
20.3.2023
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller banks. “This is a contagion that could be spread...
Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars
8.3.2023
Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already been adopted in other Latam countries like Venezuela...
Silvergate reportedly talks with FDIC on ways to avoid shutdown
8.3.2023
Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank
Reports Indicate USDT Is Being Used in Venezuela to Facilitate Settlements and to Avoid Sanctions
27.2.2023
Some companies in Venezuela are using the stablecoin tether as a way of sidestepping sanctions and settling payments with foreign customers and providers. Local reports indicate that, while the most popular use case for the stablecoin involves its purchase for devaluation shielding purposes,...
US State Regulator Launches Crypto Scam Tracker
21.2.2023
The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of new crypto scams emerge, the DFPI will continually update this tracker...